Question

Explain the major phases of compensation management

Answer 1

Major Phases of Compensation Management  Phase I: Job Analysis -- Identify and study jobs to learn about the duties, responsibilities, and working conditions. ... It evaluates the critical compensable factors of each job, determines different levels or degrees for each factor, and allocates points to each level.

Answer 2

Answer:

Major Phases of Compensation Management  Phase I: Job Analysis -- Identify and study jobs to learn about the duties, responsibilities, and working conditions. ... It evaluates the critical compensable factors of each job, determines different levels or degrees for each factor, and allocates points to each level.